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Innovation Sponsored by Innovation Alfa unveils Collaborative Ecosystem Published: 18th September 2024 Share Alfa has announced the release of its highly anticipated Collaborative Ecosystem, marking the final chapter in the rollout of Alfa Systems 6, the latest version of its cloud-based SaaS platform. This sixth and final pillar brings cutting-edge integration capabilities and is designed to offer customers a streamlined, customisable approach to managing asset finance solutions. Collaborative Ecosystem in Alfa Systems 6 enables customers to leverage Alfa’s extensive network of industry expertise and best practices. By integrating new technologies through Alfa’s comprehensive API framework and real-time data transfer tools, customers can effortlessly build end-to-end, tailored solutions to meet their specific business needs. “With Alfa Systems 6, our focus remains on delivering cutting-edge technology capabilities to our customers,” said Andrew Flegg, Alfa’s Chief Technology Officer. “Its rich configuration options and extensible APIs enable the creation of innovative, tailored solutions that adapt easily to tomorrow’s demands. “Collaborative Ecosystem not only makes it easy to access new technologies through our robust API framework and state-of-the-art data transfer technologies, but also harnesses our network of consultants and technical experts to provide unparallelled support and insights. And we’re here to guide you every step of the way.” Collaborative Ecosystem in Alfa Systems 6 Key features of Collaborative Ecosystem include: An extensible suite of modern APIs, supporting integration use cases that cover the end-to-end lifecycle of an asset finance contract. Alfa Systems 6’s workflow, webhooks and business rules enable you to orchestrate your entire ecosystem. Easily implement and manage integrations directly from Alfa Systems 6 through configuration, eliminating the need for vendor development. Data Pipeline, providing change data capture (CDC) event streams for rapid, real-time data transfer. Using Apache Kafka, the industry standard for real-time streaming data pipelines, CDC enables efficient connectivity of Alfa Systems 6’s operational reporting data to downstream data and BI platforms. Seamless access to the AWS ecosystem through Alfa Cloud. Benefit from state-of-the-art technology tools, such as those used to build Alfa’s AI assistant, AskThea. Securely integrate these tools into your ecosystem to drive innovation and efficiency. The rollout of Alfa Systems 6 started with the Efficiency pillar, which introduced Compose, a tool for superpersonalised screen design, followed by Total Capability, Sustainability, Scalability, and Intelligent Automation—all leading up to the final release of Collaborative Ecosystem. For more information on Alfa Systems 6, visit alfasystems.com/6. Lisa Laverick Editor - Asset Finance Connect Sign up to our newsletter Featured Stories TechnologyNETSOL announces new strategic partner Hiltermann InnovationAlfa launches Alfa Systems 6 TechnologySofico launches Miles Retail Program with new modules